Entrepreneur and Reddit co-founder has continued his funding into ladies’s sport by buying a minority stake in English soccer membership FC Girls.
The 42-year-old, who will now sit on the board, introduced the deal on Thursday, saying he was “proud” to assist this “iconic membership” to grow to be the preferred Girls’s Tremendous League (WSL) group within the US.
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Chelsea is already one of the vital profitable groups in ladies’s soccer and not too long ago secured its sixth consecutive league title – with out dropping a single sport.
The group is now on the hunt for a home treble which it could possibly full when it faces Manchester United within the Girls’s FA Cup ultimate at Wembley Stadium on Sunday.
“These gamers are rewriting the sport. Undefeated season. Eyes on the treble. However this isn’t nearly successful titles. It’s about lastly matching their expertise with the assets, visibility, and respect they deserve,” Ohanian, who’s married to tennis legend , mentioned on .
“I’ve been proper about this earlier than and I couldn’t be extra excited.”
Chelsea gamers have fun successful the WSL trophy this season. – Tom Dulat/Getty Photographs/File
British media on Wednesday that Ohanian had bought a ten% share of the membership price greater than $26 million. It was a determine he appeared to substantiate by screenshotting a photograph of an article which referenced that determine.
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Chelsea confirmed the brand new funding in a on Thursday, saying that Ohanian introduced with him “a wealth of expertise, power and keenness for ladies’s sports activities that can assist take Chelsea Girls to the following stage and shine a light-weight on the potential of the game right here within the UK.”
The membership didn’t verify particulars across the deal, however has reached out to the membership for remark.
In his assertion on social media, Ohanian additionally praised Chelsea Girls’s new CEO Aki Mandhar.
“Her integrity and deal with a typical of excellence have been an enormous consider why this was such a ‘Hell Sure’-type funding,” he added.
Extra funding
It’s not the primary time that Ohanian has invested in ladies’s soccer.
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In 2022, he was the founding investor of , a Los Angeles-based group that now performs within the Nationwide Girls’s Soccer League (NWSL) – the highest division of girls’s soccer within the US.
The membership then grew to become probably the most helpful ladies’s skilled sports activities group on the planet after a in 2024.
Ohanian additionally based , a ladies’s-only observe and subject occasion that debuted final yr. The occasion affords $60,000 for race winners and goals to champion feminine athletes the world over.
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